WebSight Design Advises Morgan Lane Marin In Merger With Pacific Union Real Estate
WebSight Design, Inc. is pleased to announce our role as lead technology consultant to Marin County real estate firm Morgan Lane Marin in their acquisition of Pacific Union GMAC Real Estate, one of the largest real estate brokerage firms in the San Francisco Bay Area. The deal will bring together 17 Bay Area offices and more than 430 real estate professionals with combined sales volume projected to reach $2.2 billion in 2009. Morgan Lane Marin is purchasing Pacific Union from Brookfield Asset Management. As part of the deal, the two companies will continue to operate under their existing names as independently owned and operated franchised companies. Morgan Lane, Marin County's premier luxury real estate firm, has grown from $52 million in home sales in 2006 to $315 million in 2008. Pacific Union was ranked No. 3 on the Business Times' List of largest Bay Area residential real estate firms for 2008, selling homes with a total value of $3.157 billion. Morgan Lane Marin CEO Mark McLaughlin, who will lead the new operation, believes that the combined firms will become the Bay Area's leading luxury real estate brand. WebSight Design is based in Sausalito, CA. Morgan Lane Marin has offices in Ross, Kentfield, Mill Valley, and Belvedere. WebSight Design has provided Morgan Lane Marin with web design services, web hosting, technical support, and marketing services for over 10 years. We look forward to many more years of working with Mark, Tracy, and the rest of the Morgan Lane Marin team.